The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-05-04
MEMPHIS DAILY. OBSERVATION-DISCLOSURES NAY A. lsszs

snaps, extra, SC; assorted jumbles, l0c.
RIcn-Louisiana, 495ac; Carolina,
6iS8ic.
KANSAS Cry, NO., May S.-wheat
stronger; No. 2, red, cash SOC bid, 69ic
asked; June, 70ic bid, 7lic ked.
Corn stronger; No 2, cash, S2lc bid,
S2kc. asked June, SSic bic, SSIc a ked !;
July, S5ic asked. Oats, 2sic asked.
ST.. LOUIS, Mo-, Msy 3.-Flour &C.
tive and strong for high grades but
dull for ali others. Wheat-ander an
urge It demand from shorts, May aud
June options advanced li@2c respec-
lively and other months sold up lie,
but later the feeling bee .me weak
and prices declined, closing lIc for
May, lsc for June and &c for other
months above yesterday. No. 2 red,
cash, SS39S4c; May, s3i@S4Ic, clos
ing at Sac; June, S3i@S4ic, cos
ing at sale; July, 79b@sic, clos
ing at SOsc; August, SO9Slio, closing
at S0so; September, Sl3@S2sc, closing
at SIC. Corn advanced 3@ic with a
demand exceeding the offerings; cash,
35t@S6c; May, 35ic; June, 36tc;
July, S7t@373c, closing at size. Oats
L inner but not active; cash, 273@29c;
My, 273c; June, 28c. Rye, mona Of
fere>1; b5c bid. Barley, dull; fancy
Wisct main, zoe. Hay, top grades in
good demand and firm; prairie, $9@
Il; timothy, 50 5O91S so. Bran firm
at 70@7lc. Cornmeal quiet at 500 !
2 05 Receipts-Flour, 1000 brls;
wheat, 5000 bu; corn, IL 600 bu; oats, |
81 900 bu; rye, none; barley, 1000 bu. |
ohipments-Flour, 1000 brls; wheat,
1000 bu; corn, $500 bu; osts, 1900
bu; rye, none; barley, 1000 bu.
Afternoon Board - Wheat firm and
4@tc better. Corn dull and unchanged.
Gas, no sales.
CHICAGO, ILL.,, May 3.-The wheat
market Was active and stronger today,
accom- psnied by moderate advance
in price. The marke. opened at S3sc.
for June, sold to SAC, several times
broke of to S31c, but closed in the lat
est trading at 835@8ic, with May at
SIC. The wheat buyers we're divided
among the local crowd, but none OF
them wanted any large amounts early
in the day. After noon, however,
they looked on it as better purchase
and June advanced to SAC. There
was little or no news on the floor and
Of any Importance talked
about. There was the usual after talk
on the subject of yesterdays deliver
les. 1t ia now pretty positively
known that Kershaw p lid for about
4 900 600 bushels OF cash wheat, and
that an equal quantity was divided up
among other houses. The general be-
lief is now that the 'clique" owns
all the cash wheat. Re-
ported good export demand at the sea-
board Was one OF the strenRthing
features Of the days trading. Corn
was active snd firm. The receipts
show falling of, aud operators were
more inclined to purchase. The
market opened a shade higher at Sole
for June, rose 10 39I aud closed ut
outside figures. Oats we're in better
demand and stronger. Receipts sgain
showed a falling of, The market
closed to higher than yesterday. Cash
quotations were as follows: Flour
quiet and unchanged. No. spring
wheat, 8l3@82c; No. 8 spring wheat,
73c; No. 2 red, 8lic; No. 2 corn, SStc;
No. 2 oats, 27tc; No. 2 rye, Soc; No, 2
barley, SIC; No. / hsxseed, ST OF;
prime timothy seed, IL 643@1 66.
The leading futures ranged as fol.
lows: Wheat, No. 2-May opened
at 8l3c, highest 82tc, lowest 8lAc,
closing at SIC; June opened at 83b',
highest SAC, lowest S3ic, closing at
83j@S4c; July openedi at 894c, highest
SAC, lowest 83Bc, closing at 835984c;
August opened at 82ac, highest S3c,
lowest sac, closing at S25c. Corn,
No. 2-Msy opeued at sic, highest
3Stc, lowest SIZE, closing at 3Slc;
June opened a. sole, highest 39Bc,
lowest 394c, closing at 39Bc; July
opened at Allie, highest 413(94lic, low.
est Al fc, closing at Al &c; August opened
at 42Sc, highest Age, lowest 42sc, clos
ing at 42sc. Oats, No. 2-May opened
al 27c, highest 275c, lowest 26sc, clos.
ing at 27tc; June opened at oslo,
highest 2SB lowest 2Ssc, closing at
2Ssc; July opened at 29bn, highest 29sc,
lowest 29Bc, closing at z9!). Receipts
Flour, 10000 brls; wheat, lOS,00O bu;
corn, $4,000 bu; cats, $780, 900 bu; rye,
1000 bu barley, $4,000 bu. Shipments
Flour, 1000 brls; wheat, 2S,0Oe blu
corn, $1,000 bu; oats, $4,000 bu; rye,
L.